Barrick Mining Corporation · TSX:ABX
Barrick Mining — Nevada Gold Mines — Investor Day (May 2021)
17 slides from Barrick Mining's investor day presentation, May 2021
Slide 1: May 2021 Investor Day
May 2021 Investor Day A joint venture between Barrick and Newmont Corporation OPERATED BY BARRICK
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes “forward- looking statements”. All statements, other than statements of histor
Slide 3: Phoenix
PHOENIX
Slide 4: Phoenix
Phoenix Fortitude HUMBOLDT ELKO Open Pit HUMBOLDT Twin Creeks PERSHING Turquoise Ridge ELKO WASHOE South Arturo LANDER EUREKA Lone Tree Goldstrike Bonanza CHURCHILL STONEY Carlin Long Canyon Open Pit Gold Quarry CARSON WHITE PINE CITY Phoenix Admin, Truck Shop, Emigrant NEVADA DOUGLAS Robertson Mill
Slide 5: Phoenix on a page
Phoenix on a page Open Pit Processing 2.9Moz at 0.58g/t – P&P Gold reservesi Concentrator capacity ~11 Mtpa 840mlb at 0.18% Cu – P&P Copper reservesi Primary and secondary crushing, 36' SAG, 2 ball mills Open Pit Gravity, Flotation, and Carbon in Pulp 1 Hitachi 5500 & 2 Hitachi 3600 shovels Copper h
Slide 6: Phoenix Growth – Box Canyon
Phoenix Growth – Box Canyon Opportunity for oxide Ore Types leach ore, in turn exposing sulfide mill ore at depth Process using existing facilities Leach Trans Sulfide Section width: 76 m Recently drilled in 2020, metallurgical testing underway Geology Tb Pbm Qal Pbl Section width: 76 m Pbu Cha
Slide 7: Phoenix Production
Phoenix Production Marketable metal products Tri-metal operation Cathode Mill produces Concentrate and Dore 15% Concentrate accounts for 60-70% of gold production and 60% of copper production Dore Concentrate Concentrate sales outlets (smelters and 60% 25% traders) are geographically diversified in
Slide 8: Phoenix Production - Year Plan
Phoenix Phoenix Production - 10 Year Plan 300 60 Key Events in 10-year Plan Open pit reserve and block model updates have extended mine life past 250 50 2030 Step-up in ounces from 2024 - 2027 as we mine the bottom of the Fortitude pit 200 40 Opportunities, Innovation & Technology Working with a par
Slide 9: Technical Information
Technical Information The scientific and technical information contained in this presentation has been reviewed and approved by Rodney Quick, MSc, Pr.Sci.Nat, Mineral Resource Management and Evaluation Executive; Craig Fiddes, BSc (Geol) (Honours), SME Registered Member, Resource Modeling Manager, N
Slide 10: Endnotes
Endnotes 1. Gold cost of sales per ounce is calculated as cost of sales across our gold operations (excluding sites in care and maintenance) divided by ounces sold. 2. “Total cash costs” per ounce, “All-in sustaining costs” per ounce and "All-in costs" per ounce are non-GAAP financial performance me
Slide 11: Endnotes
Endnotes 3. Nevada Gold Mines Resources (inclusive of Reserves) and Reserves are summarized below, including Nevada Gold Mines’ 60% interest in South Arturo and Barrick’s 100%-owned Fourmile project. Totals may not appear to sum correctly due to rounding. 4. Estimated in accordance with National Ins
Slide 12: Endnotes
Endnotes 8. “Free cash flow” is a non-GAAP financial performance measure which deducts capital expenditures from net cash provided by operating activities. Barrick believes this to be a useful indicator of our ability to operate without reliance on additional borrowing or usage of existing cash. Fre
Slide 13: Appendix A – Outlook
Appendix A – Outlook Key assumptions 2021 2022 2023 2024+ Gold Price ($/oz) 1,700 1,200 1,200 1,200 Copper Price ($/lb) 2.75 2.75 2.75 2.75 Oil Price (WTI) ($/barrel) 60 60 60 60 AUD Exchange Rate (AUD:USD) 0.75 0.75 0.75 0.75 ARS Exchange Rate (USD:ARS) 100.00 100.00 100.00 100.00 CAD Exchange Rate
Slide 14: Appendix B – Carlin Trend Significant Intercepts
Appendix B – Carlin Trend Significant Interceptsi Drill Results from Q1 2021 i. All intercepts calculated using a 5 g/t Au cutoff and are uncapped; minimum intercept width is 0.8m; internal dilution is Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) less than 20% total width. 613.3-
Slide 15: Appendix B – Carlin Trend Significant Intercepts
Appendix B – Carlin Trend Significant Interceptsi i. All intercepts calculated using a 5 g/t Au cutoff and are Drill Results from 2020/Legacy Results uncapped; minimum intercept width is 0.8m; internal dilution Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) is less than 20% total w
Slide 16: Appendix C – North Leeville Significant Intercepts
Appendix C – North Leeville Significant Interceptsi Drill Results from Q1 2021 i. All intercepts calculated using a 3.4 g/t Au cutoff and are Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) uncapped; minimum intercept width is 3.0 m; internal dilution 733.6-736.7 3.1 16.72 is less t
Slide 17: Appendix C – North Leeville Significant Intercepts
Appendix C – North Leeville Significant Interceptsi Drill Results from 2020 i. All intercepts calculated using a 3.4 g/t Au cutoff and are Core Drill Holeii Azimuth Dip Interval (m) Width (m)iii Au (g/t) uncapped; minimum intercept width is 3.0m; internal dilution is CGX-20075 68 -84 909.5-912.6 3.1